Staff Accountant

CEI Capital Management, LLC, is a wholly owned subsidiary of Coastal Enterprises, Inc (CEI). Our purpose is Investing in Good Jobs at Rural Manufacturers across the country via the New Markets Tax Credit Program.

We work nationally to connect new and existing rural manufacturing companies with flexible capital so they can build accessible good jobs that provide living wages, comprehensive benefits and opportunities for training and advancement in alignment with CEI’s Good Jobs Framework.

We are experts in the federal New Markets Tax Credit Program and the Maine New Markets Capital Investment (NMCI) Program. Since 2004, CCML has placed over $1.02 billion of NMTC/NMCI capacity in over 100 projects. We work closely with rural communities, businesses and their employees so that the NMTC Program can help maximize the benefits to all parties. Our team brings depth to the table when working with borrowers and investors throughout the 7-year compliance period.

To learn more about our work, visit CEI Capital Management

CEI Capital Management, LLC, (CCML) is looking for a Staff Accountant to perform the day-to-day accounting activities for CCML and its managed entities. Reporting to the Director of Financial Operations, this position is responsible for maintaining accurate accounting records, preparing financial information, supporting period-end close processes, and ensuring the completeness and integrity of financial data across a portfolio of entities. The position supports the organization's financial reporting, audit, tax, compliance, and accounting administration activities while providing broad exposure to partnership and investment fund accounting in support of CCML’s mission.

• Maintain the accounting records of CCML and its managed entities.
• Record financial transactions and maintain associated records.
• Ensure the general ledger is complete, accurate, and current in accordance with GAAP.
• Perform accounting activities for multiple types of LLC entities, including management companies, limited purpose entities, investment funds, lending entities, and joint ventures.

• Record and reconcile asset and revenue activity, including cash, investments, and intercompany reimbursements.
• Manage accounts receivable by preparing invoices and recording revenue in accordance with contractual terms, monitoring payments, maintaining customer records and supporting payment collection activities.
• Record and reconcile liability and expense activity, and maintain vendor records and supporting documentation.
• Review and process vendor invoices in accordance with contractual terms, completing employee expense reimbursements, reconciling corporate credit card activity, maintaining escrow deposit ledgers and related records, and initiating payment transactions for approval.

• Assist with period-end close, including account reconciliations, financial statement preparation, accruals, prepaids, and supporting schedules.
• Assist in identifying and resolving accounting discrepancies and support the accuracy and timeliness of financial reporting.
• Ensure compliance with the companies’ financial reporting requirements by submitting approved financial reports to stakeholders.
• Support the financial audit and tax return process by maintaining accurate financial records necessary to support regulatory, audit, and operational requirements.
• Compile requested documents for external accountants, preparing confirmations for asset and liability accounts, and assisting in the successful completion of audits and tax returns.
• Prepare 1099 reporting for the entities in compliance with IRS reporting requirements.
• Support accounting operations through records management, document retention, mail processing, deadline tracking, special projects, and other accounting and administrative responsibilities as assigned.
• Support GAAP and policy compliance by providing feedback on accounting operations, assisting with the development and documentation of departmental procedures, supporting compliance with internal policies, and…